Sublease of Second Generation Restaurant Space Near Grand Casino Arena
Property Details
| Sale Price: |
Property Description
SVN | Northco is pleased to present 241 West 7th Street, Saint Paul, Minnesota ("Property") for sublease. This highly desirable second-generation restaurant space was completely renovated in 2023 and offers a turnkey opportunity in one of the Twin Cities' most desirable restaurant and entertainment districts. Located on the vibrant West 7th Street corridor, the Property is just two blocks from Grand Casino Arena, the metro area's premier destination for concerts, Minnesota Wild games, and major events, providing exceptional visibility and consistent pedestrian and vehicle traffic. We are seeking a restaurant operator.
West 7th Street is widely regarded as one of Saint Paul's premier commercial corridors, connecting Downtown Saint Paul with the city's historic districts. The Property is in close proximity to the Summit Hill neighborhood, one of the Twin Cities' most affluent residential areas, as well as strong daytime employment, tourism, and year-round entertainment demand. Several major nearby hospitals also provide a consistent stream of foot traffic for both lunch and dinner.
Highlights
- ±1,375 SF second-generation restaurant space
- Sublease through January 2032
- Turnkey opportunity for a restaurant, cafe, or another food and beverage operator
- Existing built-in fixtures remain with the space; movable kitchen equipment is negotiable
- Premiere location just two block from Grand Casino Arena, home of the Minnesota Wild and one of the Twin Cities' premier concert and entertainment venues
- Positioned along West 7th Street, one of the region's busiest commercial corridors, with approximately 14,500 vehicles per day on West 7th Street and 4,950 vehicles per day on Chestnut Street
- The Property is in close proximity to numerous hospitals
- Adjacent to Patrick McGovern's Pub, a Saint Paul institution housed in a historic 1880s building
- Surrounded by established restaurants and nightlife destinations, including Cossetta's, Burger Moe's, Parlour, Tom Reid's, and numerous other popular dining establishments
- More than 700 new apartment units have been developed within a few blocks of the Property, providing a rapidly growing residential customer base
- Excellent building and storefront signage opportunities
- Convenient access to Interstate 94 and Interstate 35E
Map
Location Description
Located in the heart of Saint Paul's West 7th entertainment district, the Property occupies one of the most visible and highly trafficked retail locations in the Twin Cities. West 7th Street serves as a primary gateway between Downtown Saint Paul and the city's historic neighborhoods, generating exceptional pedestrian activity and some of the highest vehicle counts in the metropolitan area.
The Property is surrounded by many of the region's most recognizable restaurants, entertainment venues, and attractions. Co-tenants include Insomnia Cookies, and Patrick McGovern's Pub, a Saint Paul institution, is immediately adjacent. Across the street sits the iconic Cossetta's, one of Minnesota's most celebrated restaurants. Grand Casino Arena, home of the Minnesota Wild and one of the Upper Midwest's premier destinations for concerts, sporting events, and entertainment, is just two blocks away.
Share to Social
Request More Info
Available Spaces
All Documents
Access DocumentsExplore More Properties
The Guest House | Mixed-Use Hospitality Opportunity
$1,950,000
Country Inn & Suites
$5,750,000
Hall Lake Cabins
$595,000
704 Harrison Avenue
$750,000
Valero Gas Station and Convenience Store
